Insurers have ramped up lobbying attempts to convince the government to slice the rate of Insurance Premium Tax. Post investigates why they may well have good reason to be worried it could be cranked up the other way.
Exclusive: Ecclesiastical Insurance Group has bought 20% of Lloyd & Whyte for an undisclosed sum.
Hiscox has confirmed it will move 300 roles out of London over the next two to three years.
Telematics technology is 22 years old but it's only over the last five to 10 years that telematics has really become a driving force in disrupting the insurance sector by challenging risk models. However, despite this evidence, rates of adoption still remain low according to Andy Goldby, chief actuary at The Floow.
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Well done to everyone who took part in our cycle-a-thon this week. Collectively the team cycled 799.39km, which would have taken them all the way to Chateauroux, France! Thank you to everyone for your sponsorship & donations, so far we have raised over £1,600 for @Tog4ShortLives pic.twitter.com/eMoMv1nJfM— BLM (@BLM_Law) January 23, 2020
- Blog: Taking the Michael
- The history of direct insurance in the UK: How Direct Line and Churchill took on the establishment and ended up as merger partners
- Microsoft data breach: Cyber experts warn of knock-on claims effect
- Aviva says no personal data shared in emails that wrongly called customers Michael
- Budget 2020: What are the Chancellor's options on IPT?
- Saga sees boost in three-year policy sales
- Ecclesiastical buys minority stake in Lloyd & Whyte
The top 100 UK insurers have been on top of their game this year. Find out who ranks highest in the Top 100 UK insurers in Post’s 2019 countdown, produced in association with AM Best.
Post, in association with Tällt Ventures, indexes those that have the most potential to influence, change or disrupt the global market.
Speaking to brokers and insurers in the sector Post asked them about the cyber landscape, coverage available and risk management.
Michèle Bacchus spoke to brokers to find out their thoughts on regulation, their trade body and their opinion of the UK insurance market